Randall Lane Nails Dykstra, Claims Pay-For-Stock-Plug Scandal

In 2008, Randall Lane, then-publisher of a handful of glossy magazines targeting day traders, partnered with Lenny Dykstra — the chaw-spewing former New York Mets and Philadelphia Phillies star turned unlikely stock-picking “guru” — to publish “The Players Club,” a business magazine targeting professional athletes. (At a time when most magazines were pulling back on excessive spending, the Player's Club launched with a splashy, $400,000 party at New York's Mandarin Oriental Hotel.)